Posts Tagged ‘usd’

USD-PHP Outlook (Oct. 2009)

Monday, October 5, 2009 11:45 No Comments

The PHP has been consolidating since the last time we wrote about it.  Earlier, we thought that given the recent trend, it was very possible that the peso was going to return to the 52 peso level.
As it happened recently, the peso has proven us wrong. Given the neutral nature of the symmetrical triangle formation, [...]

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USD/Peso Outlook (July 13, 2009)

Monday, July 13, 2009 9:04 No Comments

It has been some time since I last wrote about the USD-PHP.  Since October 2008, it has been going sideways up to the present.
But what is clear is that from an uptrend, a symmetrical triangle is forming.  Therefore, I am assuming that after the current consolidation, the ascent will continue.
Should the USD breach the 49 [...]

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Is the USD/PHP rally over?

Thursday, November 27, 2008 23:31 No Comments

Yes, I believe so. Dollar bulls should worry.
 
This is a very serious issue. I’ve been attending a lot of seminars from bank analysts to economists and they’ve been cheering about the bullish dollar. I can’t blame them.
 
Looking at the 3 year weekly chart of the dollar peso, the currency has travelled from a low [...]

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Are You Gonna Go My Way !?!

Tuesday, November 11, 2008 2:45 No Comments

We seem to be coming closer and closer to re-testing previous lows on all major pairs. Lets take a long term view of the charts and see where the price might go if we do break recent lows.
EUR/USD
The EuroDollar downtrend  has unfortunately broken all long-term trend lines. Thus, a better way to see where it [...]

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